this post was submitted on 16 Jun 2024
219 points (94.7% liked)

World News

39165 readers
2294 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] cupcakezealot@lemmy.blahaj.zone 53 points 5 months ago* (last edited 5 months ago) (2 children)

then start investing in tech, jobs, and education so the us can compete with inexpensive cars....

*editors note; i'm not a tankie, i just know that china has invested in technology while the us has been bogged down in partisanship (look at solar)

[–] SuperIce@lemmy.world 6 points 5 months ago (3 children)

We would also need the government to pay for half of the cost to build the cars. That's what China is doing and why the cars are so cheap.

[–] ByteJunk@lemmy.world 7 points 5 months ago

Sounds good to me. When are we starting?

[–] Zehzin@lemmy.world 5 points 5 months ago
[–] Sir_Kevin@lemmy.dbzer0.com 2 points 5 months ago

Finally my tax dollars would be going to something positive!

[–] n2burns@lemmy.ca 1 points 5 months ago* (last edited 5 months ago) (4 children)

*editors note; i’m not a tankie, i just know that china has ~~invested in~~ subsidized technology while the us has been bogged down in partisanship (look at solar)

FTFY. While the Chinese government has made major investments in technology, the problem is their excessive subsidies which are allowing Chinese manufacturers to artificially out-compete their competitors. As others have pointed out, it's the same as "Big-Tech Disruptors" who begin with unsustainable prices, and once all their competitors leave the market they raise their prices.

[–] hark@lemmy.world 25 points 5 months ago (1 children)

Are Chinese subsidies really excessive compared to American subsidies? Tesla owes its entire existence to the government giving it carbon tax credits among other subsidies. Every single qualifying electric vehicle has been getting thousands of dollars in the form of tax credits all the way up to $7500 and it's only been more generous now since it can be used as a rebate right at the dealership. American car companies have taken that to mean they can jack up prices by those thousands of dollars and even more, because they still treat EVs as mainly premium products.

If you want to talk about artificially out-competing competitors, the 100% tariff is a prime example. The US has dragged its feet on technologies like EVs so they can juice profits and now it's crying and shrieking about competition being "unfair" for providing customers with a desirable product in a desirable price range. This protectionist policy not only sets back the fight against climate change, but also tightens the screws on customers who are already feeling the weight of inflation, just to continue the record profits by the auto companies.

[–] SeattleRain@lemmy.world 3 points 5 months ago

They're not, American cars are not competitive because US auto makers have relied on financialization and oligopolistic tactics.

America COULD build good affordable cars but that's way harder than just doing another stock buyback.

[–] Nomecks@lemmy.ca 13 points 5 months ago* (last edited 5 months ago) (1 children)

Sorta like how the US runs the petroleum markets? You should go look at how they deal with softwood lumber too. Multiple WTO complaints for unfair trade practices. The US chose where they want to pour their subsidies and so has China.

[–] n2burns@lemmy.ca -4 points 5 months ago (1 children)

I'm Canadian, so I'm well versed in softwood lumber dispute. However, we're talking about EVs.

[–] Nomecks@lemmy.ca 7 points 5 months ago* (last edited 5 months ago) (1 children)

We're talking about EVs and not comprehending my post, apparently.

[–] n2burns@lemmy.ca -5 points 5 months ago (1 children)

I'm just not sure what your argument is. Since the US practices unfair trade in one industry, China should be allowed to in other industries? I don't know if you missed this lesson in second grade, but, "Two wrongs don't make a right."

[–] Nomecks@lemmy.ca 8 points 5 months ago* (last edited 5 months ago)

It's not a matter of "allow", it's a matter of what governments choose to subsidize. There's no point in getting pissy at China for subsidizing an industry to the detriment of other countries when the US actively does it in other industries. The US could do the same with batteries and EVs, but there's no political will.

[–] rimu@piefed.social 9 points 5 months ago (1 children)

They're not excessive subsidies. It's USA and Europe that are not subsidising EVs enough.

Any country or car maker that does not get on board with decarbonisation of the transport sector needs to be shut down asap.

[–] Stitch0815@discuss.tchncs.de 0 points 5 months ago

You might be somewhat right, however I would prefer that money going towards public transport and whatnot.

Alltough my guess is it will just be burnes in some shit like drone taxis.

[–] IndustryStandard@lemmy.world 6 points 5 months ago* (last edited 5 months ago)

America is the largest oil producer in the world. It should not be a surprise the incentives to move to EV is not big. The longer we are all addicted to oil, the more money America and fossil fuel giants make.

China does not have much oil in the ground. They are investing in EV and renewables because it allows them independence from the oil lobby. Which is a very welcome coincidence to fight global warming.